According to financial results of the company despatched to Karachi Stock Exchange here Thursday, the pre-tax profit also surged to Rs429.726 million for the period under review against Rs303.554 million last year.

The earning per share was also high at Rs48.92 during the period under review compared to Rs34.92 in 2010.

Exide's sales stood at more than Rs7.711 billion during the year as against Rs6.189 billion last year.

Copyright APP (Associated Press of Pakistan), 2011